Earn up to $250 with your new Open Account!

  • Get $200 for qualified direct deposits of $1,500 or more  
  • $50 for completing 50 debit card transactions  
  • Add a companion Open Savings and we’ll match our highest money market interest rate  

Use promo code: OPEN

Rates and terms subject to change. Bonus offer expires 9/30/19

  • Deposit checks from anywhere

    Securely deposit checks and access funds using our mobile app on your tablet or mobile phone.

  • Free bill pay

    Salem Five uses advanced technology to help protect you from fraud and offers several tools to protect our customers’ identity and their devices.

  • Send money to anyone

    Popmoney® is an integrated tool within our online banking platform that allows you to securely send, request and receive money directly with just an email address or mobile number.

  • Budget and track spending

    Effortlessly manage all of your finances in one place. Our free budget tracker helps you understand your spending and plan for the future.

  • Convenient and secure

    Salem Five uses advanced technology to help protect you from fraud and offers several tools to protect our customers’ identity and their devices.

  • Custom text alerts

    Get convenient account updates sent to your email or mobile device.

Open Rewards

The Open Account tracks your balance each month and, based on average monthly balance. Open Rewards are debit card rewards and ATM reimbursements that sweep directly into a companion Open Savings account (if applicable).

Average Monthly Balance:

Prime

  •  Avg. monthly balance of $0-2,000
  •  $0.05 debit card rewards per transaction (chip, swipe, or sign)
  •  55,000 fee free ATMs nationwide through the Allpoint Network

Prime Plus

  •  Avg. monthly balance of $2,000-4,000
  •  $0.10 debit card rewards per transaction (chip, swipe, or sign)
  •  55,000 fee free ATMs nationwide through the Allpoint Network
  •  Up to $7.50/mo. reimbursements for non-Salem Five ATM use

Premier

  •  Avg. monthly balance of $4,000 and up
  •  $0.15 debit card rewards per transaction (chip, swipe, or sign)
  •  55,000 fee free ATMs nationwide through the Allpoint Network
  •  Unlimited ATM reimbursements for non-Salem Five ATM use
  • 55000

    free ATMs worldwide

  • 36

    branch locations

  • 160

    years of service

Get started with The Open Account and see how uncomplicated banking can be.

Salem Five. Let’s uncomplicate money.